Roebear, One other thing..TC2000 has some exclusive indicators, one which can indicate accumulation, which is particularly important to watch during a stock/indices down days/weeks...I use it for gold, etc...
For the first time since 1991, it is showing 3 weeks of dollar accumulation, all in down mode, which, IMO, is bullish, regardless of what the actual dollar bottom number is. This comes from going through almost 12 years of daily chart/weekly charts on Wordens...Again, I believe a complete move is a process, and something is stirring regarding the buck...however temporary the move is...it looks like a good sized move up...
Cheers,
Bert |
